5885 SW 56th St, Miami FL 33155

Description of 5885 SW 56th St, Miami FL 33155

A Rare Trophy Asset: 5-Acre Development Opportunity Near Coral Gables Welcome to 5885 Miller Rd—a once-in-a-generation real estate offering in the heart of Miami. Situated just blocks from the prestigious limits of Coral Gables, this sweeping 5-acre parcel is one of the last remaining tracts of its size available in the urban core. Boasting an exceptional location surrounded by gorgeous, high-end homes, this property presents an unprecedented canvas for investors and developers. The land’s highest and best use offers immediate value: it can be subdivided right now into five premium 1-acre lots by right. For the forward-thinking developer, the property holds incredible potential for future rezoning and higher-density subdivision through the county system. Currently gracing the grounds is a beautiful, classic estate that offers timeless elegance and immediate utility while development plans are finalized. Property Highlights: The Canvas: 5 sprawling acres of pristine, level land. Development Potential: Prime for immediate subdivision into five 1-acre estates, with strategic avenues for future high-density rezoning. The Estate: A classic, beautifully maintained existing residence on-site. Strategic Location: Unbeatable proximity to Coral Gables, top-tier schools, and Miami's best dining and retail. Flood Zone X: High and dry—no flood insurance required. This is more than a piece of land; it is a legacy investment.

Property Details for 5885 SW 56th St, Miami FL 33155

Pool Private

No

Direction Faces

South

Building Information for 5885 SW 56th St, Miami FL 33155

Building Name

PLAT OF THE W1/2 OF SE1/4

Building Area Units

Square Feet

Association

No

Property Information for 5885 SW 56th St, Miami FL 33155

Lot Features

Corner Location, Near School, Dirt, 4 To Less Than 5 Acre Lot, Above Ground Irrigation, Fenced, Sprinklers

Lot Size Square Feet

214,315

Waterfront

No

View

No

Sewer

At Site

Water Source

Municipal Water

New Construction

No

Public Records for 5885 SW 56th St, Miami FL 33155

Parcel Number

30-40-24-000-0940

Tax Annual Amount

$28,142

Tax Year

2,025

Tax Legal Description

24 54 40 4.92 AC W1/2 OF SW1/4 OF SE1/4 OF SE1/4 LESS S50FT FOR R/W LOT SIZE IRREGULAR

Zoning

2300

County Or Parish

Miami-Dade County

Location